New Construction in Little Holmby

New Construction in Little Holmby is increasing property value. Little Holmby is one of the most beautiful neighborhoods in Los Angeles to live in. Tucked  between Beverly Hills and the 405 Freeway, just next to UCLA, are the rolling hills and streets of Holmby Hills. Within this neighborhood there are so many different style homes and tree’s .It has remained a fairly quiet residential neighborhood surrounded by large high rises and many other communities. Westwood is neighbor to  beautiful neighborhoods like Bel Air, Brentwood, Cheviot Hills, Beverly Hills and Century City. 

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Westwood has within it several sub communities. Holmby Hills, containing Little Holmby, Westwood Hills, The homes South of Wilshire (that surround Fairburn Elementary) (and are undergoing many new homes being torn down and replaced alongside beautiful existing homes),  Comstock Hills, Homes near Westwood Charter. Homes in Westwood generally surround wonderful public schools that are just  one reason these communities are so desirable. If you want to buy a home in Los Angeles, these are great neighborhoods to consider. There are so many restaurants, theaters, museums, shopping, grocery stores, places of worship, parks etc. surrounding these communities.

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Little Holmby is a great neighborhood to purchase a  home in Los Angeles. As with any neighborhood, older houses are often replaced with newer larger ones and alternatively homes are being remodeled. Today’s homeowner enjoys decorating and remodeling and enhancing the value of their home and environment. Westwood in general has continued to see a lot of tear down homes South of Wilshire and fewer North of Wilshire in Little Holmby. Due to recent implementation of ICO and HPOZ North of Wilshire in Little Holmby a moratorium is in place to restrict new construction while plans for a HPOZ are prepared and reviewed. This is a hot topic in the neighborhood. See some of my previous posts to learn more about Mansionization, ICO in Holmby Hills, HPOZ in Holmby Hills.

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There is a movement to retain the charm and quality of homes in the neighborhood which is good. Who makes the restrictions?, what they will be? and how they are enforced ?is still a work in progress. Neighborhoods and the City are engaged in these conversations throughout the city. Many in neighborhoods are just finding out details and unaware how the decisions will affect them. Therefore it is important to write about and talk about the many changes that could happen and get neighbors involved in shaping their communities.

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Today’s article is to talk about some of the beautiful homes that were added to Little Holmby prior to the moratorium. As a real estate agent in the neighborhood, I can’t help but notice value’s climbing. New Construction in Little Holmby has added some interesting homes. I walk the streets and get to know the homes within the neighborhood. Over the years I note homes being enhanced whether it is remodeling, staging, additions, new construction etc. We have an assortment of Spanish, ranch, Colonial, Tudor, modern,Mid Century, etc homes in the neighborhood. Some on small lots, some on larger lots. Several pictures are included of new homes that were built over the last few years.

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I feel they have helped increase values in the neighborhood. Homes coming on the market today should be presented in their best form to achieve highest property values. Some homes are marketed as is to leave to the imagination enhancements the next buyer would like to do. Currently the question as to what residents will be allowed to do is being evaluated. It is important for residents to get involved in this process. hiddenWhile no one wants to see an eye sore in a neighborhood, thus far newer construction has added valuable homes. New contruction in Little Holmby has been a positive thing.

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hiddenWhile in the building stage these homes often seem large, once landscaping has been added , we now have higher priced real estate added to the neighborhood!!. I can see how this could be difficult if placed next to a very small home. Currently the possibility of not having new construction is possible? HPOZ can be a good thing, and it can be very restrictive so it is important for homeowners to make sure they are involved in the process that is taking place. Here are some examples of the beautiful( at least I think so) homes that were added to the neighborhood.

While no one would want every home to be torn down and replaced by these large homes, there will need to be discussions to determine what will happen with this neighborhood.Many homes today that are sold have been remodeled with beautiful wood floors, updated kitchens, updated plumbing and electrical, basement rooms enhanced,outdoor spaces enhanced,and  bathrooms remodeled. Awareness and involvement is important. Please contact me for further information about homes in the area. There are three very important meetings that address the HPOZ issues coming up. Thursday June 30, 2016 Hillel House 574 Hilgard 7 p.m Community meeting. July 14, 2016 7-9 St Alban’s Episcopal Church. July 21,2016 6-7 and 7-9pm  St Alban’s Episcopal Church,

Let me help you find or sell your home. I would be happy to give you a market evaluation and advise you what you can do to enhance your home. Contact 310.383.0831  https://caronschwartz.com

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